Fluor's objective is to create value for its stakeholders, including shareholders, clients, employees and the communities where Fluor employees live and work. Good corporate governance standards that promote the principles of integrity, transparency and accountability protect and likely enhance Fluor's stakeholder value. Fluor believes good business practices, transparency in corporate financial reporting and the highest levels of corporate governance are essential components of the company's success.
Fluor will continue to take all steps the board believes will further improve the company's standards, controls and accountabilities.
Members of Fluor's board of directors participate in five standing board committees: Audit, Commercial Strategies and Operational Risk, Executive, Governance and Organization and Compensation.
Brief biographies of each of Fluor's directors are provided.
Eight of our nine board members are independent. Board committees (other than the Executive Committee) are composed solely of independent directors.
Corporate Governance Documents include Fluor's Certificate of Incorporation, Bylaws, Board Committee Charters, Corporate Governance Guidelines and the Code of Conduct for the Board of Directors. Corporate Governance Guidelines are regularly reviewed and updated, in response to changing regulations and stakeholder concerns and committee charters clearly establish each committee's roles and responsibilities.
Brief biographies of each of Fluor's executive leadership are provided.
The purpose of Fluor's Political Activities Policy is to promote compliance with all laws and regulations applicable to our political contributions and activities.